The biotech sector in South Africa is a growing one. Key biotech companies in South Africa include BioCertica, Biovac, Cape Bio Pharms, BixBio, and Afrigen Biologics
The biotech market is set to reach US$ 21,654.0 million by 2030, growing at a compound annual growth rate of 13.6% from 2024 to 2030.
A major success story of the industry is Kapa Biosystems, a South African biotech company that specialises in DNA sequencing, and was acquired by Roche.
There are initiatives and programmes such as the BioVentures and OneBio Seed Investment Fund, incubators that are meant to fund biotech startups in South Africa.
Pharmacare Ltd t/as Aspen Pharmacare: Healthcare Park, Woodlands Drive, Woodmead, Johannesburg, South Africa. Tel: +27 11 239 6100 www.aspenpharmasa.co.za
Aspen SA Operations (Pty) Ltd. Robbie de Lange Road, Wilsonia, East London, South Africa Tel: +27 43 705 7000 www.aspenpharmasa.co.za
Aspen Pharmacare Holdings Limited: Aspen Place, 9 Rydall Vale Park, Douglas Saunders Drive, La Lucia, Durban, South Africa Tel: +27 31 580 8600 www.aspenpharma.com
